UPDATE: INFORMATION HAS BEEN ADDED ON A LATER DEVELOPMENT DATE THANKS TO A TIP RECEIVED. It was announced about a year ago that plans for two towers to be built at the old Victoria Theater on 125th Street was announced but the January 2013 ground breaking never came about. Not much has happened on the site just west of FDB/8th Avenue so we decided to check if the paperwork was at least in place for the adaptive reuse development.
If the DOB website is up to date at all, it would appear that nothing preemptive has been filed to even get this ambitious project started as far as permits are concerned. The Corn Exchange Building and the new Whole Foods on 125th Street all have the paperwork filed for construction to happen this side of the year but the Victoria project appears to still be in limbo. We have now been told that the fourth quarter of 2013 will see this project taking off according to an article published in February so maybe there is still a chance for the Victoria this year. Read more about this project and check out the building rendering in our past post: LINK
This is unfortunately typical of development, some projects move ahead at rapid speed while others languish for years. I suspect there are so many bureaucratic hurdles to jump over that some projects become trapped in a red tape limbo by the city of New York.
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